Tag: economy

Federal Reserve is edging closer to cutting rates. The question will soon be, how fast?

WASHINGTON -- Two years after launching an aggressive fight against inflation and one year after leaving its benchmark interest rate at a near-quarter-century...

Harris freshens up her message on the economy as Trump and Republicans go after her on inflation

WASHINGTON -- All of the sudden it's Kamala Harris ' economy — a major opportunity as well as a possible risk for the...

Fed's preferred inflation gauge cools, adding to likelihood of a September rate cut

WASHINGTON -- The Federal Reserve's favored inflation measure remained low last month, bolstering evidence that price pressures are steadily cooling and setting the...

Harris will carry Biden's economic record into the election. She hopes to turn it into an asset

WASHINGTON -- A key question is looming for Vice President Kamala Harris as she edges closer to gaining the Democratic presidential nomination: Can...

China cuts 1-year benchmark rate, moving to boost economy as world markets languish

BANGKOK -- China ratcheted up its effort to reinvigorate its economy Thursday by cutting a key policy rate and interest paid on bank...

US growth likely picked up last quarter after a sluggish start to 2024, reflecting resilient economy

WASHINGTON -- The American economy, boosted by healthy consumer spending, is believed to have regained some momentum this spring after having begun 2024...